It’s Hypocritical for Wapner To Accuse Pomp of Pumping BTC: Schiff By CoinEdition

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It’s Hypocritical for Wapner To Accuse Pomp of Pumping BTC: Schiff

Cryptocurrency Nov 16, 2022 05:30AM ET

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It’s Hypocritical for Wapner To Accuse Pomp of Pumping BTC: Schiff

BTC/USD

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Peter Schiff states it was hypocritical to accuse Pomp for shilling BTC on CNBC.
Some netizens liked Pompliano’s appearance on CNBC while others did not.
BTC is currently traversing uncharted territory; bulls could raise BTC to familiar surroundings.

Chief economist and global strategist Peter Schiff tweeted that it was hypocritical of Scott Wapner, host of CNBC, to blame Anthony Pompliano, an entrepreneur and investor, for shilling Bitcoin (BTC) on CNBC.

According to Schiff, CNBC gave free airtime for Pompliano to shill about BTC on the show. Schiff, in his tweet, states:

It's hypocritical for @ScottWapnerCNBCto accuse @Pomp of pumping #Bitcoin on @CNBC when it was CNBC that gave him and other #crypto pumpers constant free airtime to do the pumping, supported by bullish praise from biased anchors and non-stop advertisements from crypto companies.
— Peter Schiff (@PeterSchiff) November 15, 2022

Interestingly, one crypto-Twitter user who seems to agree with Schiff’s opinion regarding CNBC stated that he stopped watching CNBC as they asked questions about cryptocurrencies even when the guest was on the show to discuss something different.

Correct, no one could go one CNBC without being asked their view on #Bitcoin. – Peter Schiff

Alternatively, Wapner’s Tweet about the interview evoked an entirely different set of comments from the crypto community. Many of the crypto netizens expressed their delight towards the interview.

One Twitter user replied to Wapner’s tweet:

“Your interview with Pomp was one of the great interviews with a crypto guy I have seen. You slammed him, albeit very fairly, with probing questions most interviewers don’t ask. Well done my man! And that’s why I very much enjoy watching you on CNBC.”

Meanwhile, BTC is traversing uncharted territory after the crash of the FTX exchange. However, since this is no familiar territory for BTC, it could be looking at hitting Resistance Level 1, as indicated in the chart.

However, if the bulls keep pushing hard, BTC will have the potential to break through Resistance Level 2, which might be a bit harder to break when compared to Level 1. The range between Resistance Levels 1 and 2 has been a familiar surrounding for BTC in the recent past.

BTC/USDT 4-hour Chart on TradingView

Disclaimer: The views and opinions, as well as all the information shared in this price analysis, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

The post It’s Hypocritical for Wapner To Accuse Pomp of Pumping BTC: Schiff appeared first on Coin Edition.

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